Underwrite a redevelopment on the bridge loan you want

For Developers · also Lenders & debt funds, Acquisition & investment teams

Underwrite this: [address] at [asking price] with a [budget] renovation, funded by a [loan amount] bridge loan, from the attached T-12 and rent roll. Does the deal carry that debt through the renovation, and what are the levered returns?

You give

The address; the asking price; the T-12; the rent roll; the budget; the loan amount

You get

Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)